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Santelli: ETFs and the Creation of ‘Gold Paper’
Rick Santelli, CNBC - The Santelli Exchange
Video |
[Santelli:] The notion of many who trade gold—the Ayn Randers, as I call them—is that if the financial world comes to an end, they’re going to have the gold. Well, if you’re playing an ETF, you’re going to have a piece of paper!
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